Charles F. Dolan, the visionary founder of HBO and Cablevision, passed away at the age of 98 from natural causes. His groundbreaking contributions to the media, sports, and entertainment industries left an immeasurable impact.
Jimmy Carter, the oldest living U.S. president of all time, has died according to his son at his home in Plains, Georgia. Charles F. Dolan , who founded some of the most prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., has died at age 98, according to a news report. A statement issued Saturday by his family said Dolan died of natural causes, Newsday reported late Saturday.
“It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision,” the statement said. Dolan's legacy in cable broadcasting includes the 1972 launch of Home Box Office, later known as HBO, and the founding of Cablevision in 1973 and the American Movie Classics television station in 1984. He also launched News 12 in New York City, the first 24-hour cable channel for local news in the U.S., Newsday reported.“Mr. Dolan’s vision built the foundation for the companies we are today, and as a member of our Boards, he continued to help shape our future. The impact he made on the media, sports, and entertainment industries, including as the founder of Cablevision and HBO, is immeasurable,' the statement said. 'We do not expect this to directly or indirectly change ownership by the Dolan family.” The Cleveland native, who dropped out of John Carroll University in suburban Cleveland, completed the sale of Cablevision to Altice, a European telecommunications and cable company, for $17.7 billion in June 2016. Dolan, whose primary home was in Cove Neck Village on Long Island in New York, also held controlling stakes in companies that owned Madison Square Garden, Radio City Music Hall, the New York Knicks, and the New York Rangers, Newsday reported. James L. Dolan, one of his sons, was the Cablevision CEO from 1995 until the 2016 sale to Altice. He now is the executive chairman and CEO of Madison Square Garden Sports Cor
Charles F. Dolan HBO Cablevision Media Mogul Death
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Charles Dolan, Founder of HBO and Cablevision, Dies at 98Charles Dolan, the visionary founder of HBO and Cablevision, has passed away at the age of 98. Dolan's legacy in cable broadcasting includes the 1972 launch of Home Box Office (HBO), founding Cablevision in 1973, and launching the American Movie Classics television station in 1984. He also launched News 12 in New York City, the first 24-hour cable channel for local news in the U.S.
Read more »